Latest Posts with Band Protocol (BAND) tag

Band Protocol (BAND)

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Band Protocol (BAND) is a blockchain-agnostic protocol that enables interoperability between the existing world wide web and smart contracts through oracles for decentralized applications (dapps). In addition to bridging traditional systems with decentralized ones, the project’s solutions also tackle the pain points of speed, scalability and data flexibility.

 

The project was founded in 2017 by Soravis Srinawakoon, Sorawit Suriyakarn and Paul Nattapatsiri, who respectively serve as the project’s CEO, CTO and CPO. The project’s whitepaper was published in Q3 2018, with a revision that followed in Q1 2019. Private and public testnet versions of the network were launched in Q2 and Q3 2019 respectively. 

 

Currently in the second phase of development, the features under construction are custom data oracle scripts and a custom scripting language. Subsequent development tasks include wider blockchain compatibility, more payment options and smart contract interoperability with enterprise software.

 

Broadly described by the development team as a “decentralized oracle framework for Web 3.0”, the protocol is based on the Cosmos (ATOM) Network and has the capability to process thousands of transactions per second. The network utilizes two tokens to facilitate its features, the native token BAND and “dataset tokens.”

 

The BAND token acts as collateral against which dataset tokens are issued. Dataset tokens represent ownership in various datasets that are used in data feeds. These dataset tokens can be used for governance and staking.

 

The team has already developed two functional applications of note: the data governance portal and the non-custodial BAND wallet. The latter is self-explanatory, storing the tokens that users will use on the network. The data governance portal is where users can purchase dataset tokens and commit to actions like staking. Governance decisions include deciding the cost of data query, dataset configurations and the number of data providers.

 

Learn more about Band Protocol (BAND) here, including news, price predictions, opinions and analyses created by users.


TOP 5 Decentralized Oracle Projects 2021

29 Dec 2020 4 minute read 21 comments Cryptonator`s

Decentralized projects are the ones that I believe stand to make significant gains and provide very interesting passive income opportunities over the coming years. All Decentralized Finance applications need price feeds on token swap and loan collate...

Boxing Day Sale is on for these cryptocurrencies!

27 Dec 2020 1 minute read 0 comments crypto_moose

    Who doesn't like a good sale on cryptocurrencies? Well with the current forward momentum in to bitcoin as it continues to make newer all time highs many altcoins have tumbled in price and present a great opportunity to buy or to add to your stas...

Few words about BAND Protocol

25 Dec 2020 1 minute read 0 comments arro

Band Protocol ($BAND) is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts to facilitate the exchange of information between on-chain and off-chain data sources.Band Protocol initially launch...

CC145 Free Tokens of BAND Protocol on Coinbase Earn

19 Dec 2020 1 minute read 15 comments Chesatochi

4 people can get $10 of BAND protocol if join under my affiliate link: https://coinbase.com/earn/band/invite/bvrnjmyq Introduction Do you love free education and receive free tokens while learning? You have now the opportunity with Coinbase Earn wit...

Earn Band Protocol & Filecoin with Coinbase !

17 Dec 2020 1 minute read 3 comments Deamonia

Hello guys ! Coinbase just release 2 new earning program that you can earn up to $43 of Band Protocol and $6 of Filecoin. It's a nice way to learn about these new project and earn some crypto in the mean time. Other earning program with Coinbase: $59...

You can EASILY get 43$ + 6$ of Crypto BAND and Crypto FIL for FREE just BY LEARNING [LEGIT] ! You will like it

17 Dec 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Hello every crypto investors, do you want to get 43$ + 6$ of Crypto For Free ?  Only by Learning about the Tech ? If YES, here is a quick SUPER tip for you : if you want to get for 43$ for FREE in BAND crypto only by LEARNING, you can follow the foll...

Fantom Launches Liquid Staking and Synthetic Assets Secured by Band Protocol on Mainnet

15 Dec 2020 2 minute read 9 comments Band Protocol

Fantom, the development team advised by Andre Cronje building a full-featured decentralized finance platform, has launched liquid staking and synthetic assets in partnership with Band Protocol. Leveraging Band Protocol, staked assets can become liqui...

Band Protocol Joins OpenAPI Initiative Alongside Bloomberg, IBM, Microsoft to Define Common Data Standard

15 Dec 2020 2 minute read 0 comments Band Protocol

Band Protocol is proud to join OpenAPI Initiative as the first blockchain firm alongside Google, IBM, Bloomberg, eBay and Microsoft, to connect blockchain applications to common Application Programming Interfaces (API) and streamline the exchange of...

🔥 SPARTAN CASINO × Latoken || Decentralized Casino Immersive iGaming Experience

13 Dec 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 300 IRON by completing social tasks and answering quiz questions!👥 Receive 100 IRON for each referral. 📈 Sign-up on Latoken Exchange and complete KYC with TIER 2. 💎 Start Spartan Telegram Airdrop Bot. 🔶 Airdrop Terms a...

BAND and FIL added to Coinbase Earn! Get your free tokens NOW!

11 Dec 2020 1 minute read 1 comment Nolan Mayersky

BAND and FIL added to Coinbase Earn While browsing Coinbase, I just noticed that they have recently added BAND and FIL to their Coinbase Earn program! With BAND, you can earn up to $49 of tokens. With FIL, you can earn up $6. Not much, but hey it's f...